How does the number of substitutes affect the price elasticity of demand for a product or resource?
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How does the number of substitutes affect the price elasticity of demand for a product or resource?
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How does the number of substitutes affect the price elasticity of demand for a product or resource?
What does a higher number of substitutes mean for the slope of the demand curve?
What does a smaller number of substitutes mean for the slope of the demand curve?
